Sen. Martin Heinrich (D-N.M.), ranking member of the Joint Economic Committee, blamed Trump for weak wage growth. "After nearly eight months on the job, President Trump has failed to come up with a cogent plan to create good-paying jobs and increase wages,” Henrich said in a written statement. “As a result, wages are barely exceeding inflation, and more than 100,000 workers have been laid off as companies continue to close American operations and ship jobs overseas.”
Aug 04 2017
Heinrich Statement on July Jobs Report
After nearly eight months on the job, President Trump has failed to come up with a cogent plan to create good-paying jobs and increase wages. As a result, wages are barely exceeding inflation, and more than 100,000 workers have been laid off as companies continue to close American operations and ship jobs overseas.
Today, Joint Economic Committee Democrats released a fact sheet on increasing access to registered apprenticeships and quality work-based learning programs. By doubling federal investments in apprenticeship programs, millions of Americans could fill the middle and high-skilled job openings that exist today and in the future. Despite their proven track record of success, only approximately 505,000 apprentices are utilizing existing Department of Labor registered programs today.
Jul 31 2017
Heinrich Statement on 2nd Quarter GDP Data
It's clear now, after two quarters under President Trump and the Republican-led Congress, that we will not deliver the good jobs and rising incomes that Americans are looking for if the costly economic uncertainty from their failed ideological agenda continues. GDP growth averaged just 1.9 percent in the first half of this year. Wages have fallen in 43 states and the District of Columbia since President Trump took office.
Jul 26 2017
Education: The Foundation for Economic Success
The Joint Economic Committee Democrats released the first in a series of reports today on education as the foundation for economic success. The introductory report outlines the value of education in today’s economy, and where the United States falls short. Although overall educational attainment has been on the rise, many groups of Americans are being left behind in a labor market that increasingly requires more education.
Joint Economic Committee Democrats released the first in a series of reports today on education as the foundation for economic success. The introductory report outlines the value of education in today’s economy, and where the United States falls short. Although overall educational attainment has been on the rise, many groups of Americans are being left behind in a labor market that increasingly requires more education.
Jul 26 2017
Politico - Morning Education
While more Americans are attending and completing degree programs, “sharp divisions” in access remain “by income level, race, ethnicity, and geography.”
About 16 percent of the FCMC budget comes from Medicaid revenues, according to Casey’s data from the Senate Joint Economic Committee and Senate Special Committee on Aging.
Today’s score from the nonpartisan Congressional Budget Office confirms how disastrous repealing the Affordable Care Act without a replacement plan would be for American families. President Trump and Majority Leader McConnell are learning the exact wrong lesson from all of this. Instead of working together to make pragmatic improvements to health care, they are doubling down on their reckless strategy to revive a ‘Repeal and Run’ vote that would leave 32 million Americans without coverage by 2026, dismantle Medicaid expansion, and throw the whole system into chaos.
Democrats on the Joint Economic Committee have released data for each state on the local impact of public land. They found the 27 million annual visitors to Virginia national parks and other public lands boosted the average income of each rural resident by more than $4,000.